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Friday, May 1, 2026
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  • Access Bank’s Fintech Hydrogen Posts Lower Annual Profit of N1.65 Billion
  • Profit at Access Bank’s Parent Rises 15% to N743 Billion
  • Geregu Power’s Q1 Profit Plunges 80% After Otedola’s Exit
  • Tinubu Splits Energy Advisory Role, Hires Ex-Power Minister Babalola, Moves Verheijen to Oil and Gas
  • PROFILE: Joseph Tegbe, Ex-KPMG Chief Who Lost Governorship and Senate Bids, Tapped as Power Minister
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Energy

Energy FEATURED Latest TOP STORIES 

Shell, NNPC Set to Sanction $20bn Bonga Southwest Project After Tinubu’s Nod

March 10, 2026March 10, 2026 Markets Reporters 0 Comments Bayo Ojulari, Bonga Southwest Aparo, Shell Bonga South West project

President Bola Ahmed Tinubu has approved a targeted fiscal incentive package to unlock the long-awaited Final Investment Decision (FID) on

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Energy FEATURED Latest TOP STORIES 

Dangote Refinery: ‘We Pay Full Global Price for Nigerian Crude – No Discounts’  

March 9, 2026March 9, 2026 Markets Reporters 0 Comments Dangote refinery, Dangote Refinery CEO David Bird, Middle East war

Dangote Petroleum Refinery has said it is not receiving Nigerian crude oil at discounted rates under the federal government’s crude‑for‑naira

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Energy FEATURED Latest TOP STORIES 

NNPC Profit Rises in January Despite 47% Drop in Revenue 

March 9, 2026March 9, 2026 Markets Reporters 0 Comments NNPC

The Nigerian National Petroleum Company has reported a profit after tax of N385 billion for January, up from N351 billion

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Energy FEATURED Latest TOP STORIES 

From Oil Rigs to Power Plants: 15 Women Leaders in Nigeria’s Energy Sector  

March 9, 2026March 9, 2026 Markets Reporters 0 Comments Audrey Joe-Ezigbo, Elozino Olaniyan, Folake Soetan, Jennifer Adighije, Olu Verheijen, Oritsemeyiwa Eyesan, Patricia Simon-Hart, Winifred Akpani, Wola Joseph-Condotti

As the world accelerates toward cleaner, more reliable energy, Nigeria finds itself at a crossroads: revive oil production, unlock its

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Energy FEATURED Latest TOP STORIES 

After 15-Year Malabu Saga, Tinubu Strikes OPL 245 Settlement with Eni  

March 5, 2026March 5, 2026 Markets Reporters 0 Comments Malabu scandal, OPL 245, Zabazaba Etan

President Bola Ahmed Tinubu on Thursday announced a landmark settlement in one of Nigeria’s most controversial oil disputes, formally bringing

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Energy FEATURED Latest TOP STORIES 

CEO of Former Mobil Oil Nigeria Bows Out After 45 Years 

March 5, 2026 Markets Reporters 0 Comments 11 Plc, Adetunji Oyebanji, Mobil Oil Nigeria

Adetunji Oyebanji, managing director and CEO of 11 Plc, formerly Mobil Oil Nigeria, will retire on 31 March 2026 after

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Energy FEATURED Latest TOP STORIES 

Four in Five Seplat Employees Earn Above N10m Monthly

February 28, 2026February 28, 2026 Markets Reporters 0 Comments Seplat Energy, Seplat staff salary

Nearly 80 percent of employees on the Nigerian payroll of Seplat Energy took home the equivalent of more than N10

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Energy FEATURED Latest TOP STORIES 

Post-Acquisition Boom: Seplat Clears $326m ExxonMobil Balance as Revenue Soars 144%

February 26, 2026February 26, 2026 Markets Reporters 0 Comments Mobil Producing Nigeria Unlimited, Seplat Energy

Seplat Energy Plc has confirmed the payment of an additional $326.2 million to ExxonMobil in 2025, finalising the financial obligations

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Energy FEATURED Latest TOP STORIES 

Seplat Revives 49 Former ExxonMobil Wells, Eyes 50 More in 2026

February 26, 2026February 26, 2026 Markets Reporters 0 Comments Seplat Energy, Seplat idle well restoration

Seplat Energy Plc has restored 49 idle oil wells one year after completing its landmark acquisition of Mobil Producing Nigeria

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Energy FEATURED Latest TOP STORIES 

Dangote Refinery Will Be Listed on Stock Exchange Latest July, Says Billionaire Founder

February 21, 2026February 21, 2026 Markets Reporters 0 Comments Aliko Dangote, Bayo Ojulari, Dangote refinery

Aliko Dangote, president and chief executive of Dangote Group, has said his giant refinery will be listed on the Nigerian

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